IRB Infrastructure Developers is trading up 4.63% to Rs 216 after the company said it has entered into a pact with National Highways Authority of India (NHAI) for a Rs 2,300 crore project for widening of a highway stretch in Haryana under National Highways Development Project (NHDP).
Kaithal Tollway Pvt Ltd - Wholly-owned Subsidiary of the Company, has now executed Concession Agreement with NHAI for the project of Four Laning of Kaithal - Rajasthan Border Section of NH-152/65 from km 33+250 (Design Km- 0.500) to km 241+580 (Design Km 165.759) in Haryana to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV.
The stock opened at Rs 207 and hit a high of Rs 215 on BSE. A combined 2.06 million shares changed hands on the counter so far on BSE and NSE.
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